Senate debates

Wednesday, 11 August 2021

Questions without Notice

Australia's Digital Economy

2:20 pm

Photo of Jane HumeJane Hume (Victoria, Liberal Party, Minister for Superannuation, Financial Services and the Digital Economy) Share this | Hansard source

The Morrison government is backing the tech sector with $2 billion in support invested in the last two budgets alone, and that includes $1.2 billion in the Digital Economy Strategy, which I launched with the Prime Minister in May of this year. This strategy is economy-wide and it's investing to create jobs and grow technologies like artificial intelligence and quantum computing. Importantly, the strategy invests in Australian skills. It invests in empowering Australian small and medium-sized enterprises to grasp the nettle, to upskill their staff, and to digitise their businesses in order to boost productivity and to lower costs. With tax incentives to boost target areas of strength, such as the digital game development incentive, and working in concert with global talent acquisition, we expect Australia to be a premier place to grow and invest in digital technology and to create jobs and opportunities for the future of all Australians.

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